In the ever-evolving world of forex trading, the USDCAD currency pair has recently shown signs of notable potential for a bullish rebound. The current market scenario suggests that this pair might breach the significant psychological barrier at the...
Upon closely analyzing the USD/CHF market, it seems that the price has recently entered a demand zone, which I highlighted in light blue. If there's a strong upward bounce from this area, it might signal a potential bullish reversal. Therefore, my...
### USD/JPY Forum Analysis and Forecast #### M15 Timeframe Analysis #### Current Market Overview Good day! On the M15 chart, the USD/JPY currency pair exhibits an upward linear regression channel, indicating that buyers are making efforts to push...
### Technical Analysis of NZD/USD H1 Chart The NZD/USD currency pair has shown a significant upward movement recently, with buyers dominating the market last week. This strength wasn't isolated to the New Zealand dollar; the US dollar weakened...
What is spread in forex trading. Most forex currency pairs are traded without commission, but the spread is one cost that applies to any trade that you place. Rather than charging a commission, all leveraged trading providers will incorporate a...